When will truist bank open? Truist Bank is the result of a merger between SunTrust Bank and BB&T Bank that took place on December 6, 2019. More specifically, BB&T acquired the assets of SunTrust. While the two original bank brands are still operating, they are slated to be consolidated under the Truist name by early 2022.Is suntrust truist now? SunTrust still exists on its own for now but eventually will transition to Truist Bank. At this point, it’s not yet clear what that will look like in terms of products, services or interest rates.Is truist suntrust? Truist is the new bank formed after BB&T acquired the assets of SunTrust bank. The two banks completed the merger on Dec. 6, 2019. During the merger announcement, Truist said that the transition to what the company calls the “full Truist experience” would take place over the next two years.
On February 23, 2021, BB&T Equipment Finance LLC entered into a Consent Order with the California Commissioner of Financial Protection and Innovation to ...